286
286
Dec 24, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 0
. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, g
. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s....
104
104
Dec 22, 2012
12/12
by
LINKTV
tv
eye 104
favorite 0
quote 0
mario monti resigned months before the end of his term. he handed his resignation to italy's president shortly after the lower house of parliament approved his one-yearlong government. >> my words will be with every probability the last act and the last words before those who where i formerly hand in my resignation to the head of state. thank you very much to allow me to conclude with you this difficult but fascinating 13 months. >> monti announced he will resign after the people of freedom party. >> in less than two weeks of dialect, we have already gained five percentage points. so i hope we can aim for the 40% that could give us the victory. monti's future is still unclear. will he go back to being an economist or endorse parties that pledge to continue with his plan, reform. the former prime minister is expected to reveal his choice during a press conference on sunday morning. >> we expect mario monty to expect the decision over his future. that's where we will learn that friday was the last day as monti as politician or whether he wil
mario monti resigned months before the end of his term. he handed his resignation to italy's president shortly after the lower house of parliament approved his one-yearlong government. >> my words will be with every probability the last act and the last words before those who where i formerly hand in my resignation to the head of state. thank you very much to allow me to conclude with you this difficult but fascinating 13 months. >> monti announced he will resign after the people of...
110
110
Dec 10, 2012
12/12
by
KCSMMHZ
tv
eye 110
favorite 0
quote 0
. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone is happy. some have asked whether the price is justified at that time when the eu is mired in economic and financial -- the prize is justified at that time when the eu is mired in economic and financial crisis. desmond tutu says it is an organization based on military force. >> coveted award was accepted with pride by the eu's 3 president, martin schulz, herman van rompuy, and jose manuel barroso. the standing ovation they received was a rare accolade for the eu in these tough economic times. >> in light of the financial crisis that is affecting so many innocent people, we can see that the political framework in which the un
. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone...
305
305
Dec 11, 2012
12/12
by
CNBC
tv
eye 305
favorite 0
quote 0
and concern over departure of prime minister mario monti. and the fiscal cliff is still getting you cooking? head to cnbc.com for the latest. we'll also have a sneak peek of what the "squawk box" team has prepared. >>> still to come on the show, after some high profile dubs like facebook, the ipo market was new this year. but a new report says things will change in 2013. find out why. >>> eurozone finance ministers will discuss greece's buyback. last friday, the deadline was extended to this afternoon after they failed to reach a 40 billion euro target. the two-day summit in brussels on thursday is expected to produce a political agreement. while the details of the plan will be finalized at a later stage. >>> ipo activity is expected to pick up in 2013 after a slowdown in year. that's according to ernst & young's latest report. the amount of capital raised this year is down 30% from a year earlier. but exchanges in europe and the u.s. already are seeing business start to return this quarter. real estate, health care, gas are the sectors expe
and concern over departure of prime minister mario monti. and the fiscal cliff is still getting you cooking? head to cnbc.com for the latest. we'll also have a sneak peek of what the "squawk box" team has prepared. >>> still to come on the show, after some high profile dubs like facebook, the ipo market was new this year. but a new report says things will change in 2013. find out why. >>> eurozone finance ministers will discuss greece's buyback. last friday, the...
137
137
Dec 24, 2012
12/12
by
LINKTV
tv
eye 137
favorite 0
quote 0
after weeks of suspense, mario monti said he will not run for reelection. but he could lead of future italian government. and the head of the u.s. gold lobby goes on -- the u.s. gun lobby goes on television to defend his position that guns should be in every school. and trouble in south africa. hello there. welcome to the program. all they were trying to do was buy bread. it turned into a tragedy in central syria. dozens of people are reported to have died when the bakery they were queuing at was destroyed. the un envoy arrived in syria for more talks. we have this. >> panic, chaos, anger. this is the aftermath of what the opposition says was an air strike carried out by a syrian fighter jet. those killed and wounded were queueing outside a bakery. only five days ago, this area was under the control of government forces. the rebels recently opened a new battle for this section of central syria. the state still has superior firepower to the strike back. the government says it is willing to engage in dialogue, but the other side is not. >> i have general advi
after weeks of suspense, mario monti said he will not run for reelection. but he could lead of future italian government. and the head of the u.s. gold lobby goes on -- the u.s. gun lobby goes on television to defend his position that guns should be in every school. and trouble in south africa. hello there. welcome to the program. all they were trying to do was buy bread. it turned into a tragedy in central syria. dozens of people are reported to have died when the bakery they were queuing at...
582
582
Dec 11, 2012
12/12
by
KQED
tv
eye 582
favorite 0
quote 0
suddenly, mario monti is on the way out. there will be early elections and berlusconi is reaching for power again. on the markets, there is deep unease. they're like the austerity measures and the reforms of the technocrats, mr. monti. they fear the return of politics as usual in italy. even if berlusconi is far behind in the polls, the very idea his attempt at come back has jangled nerves. >> the markets are shocked at the prospect that berlusconi would become prime minister again. he is responsible for the crisis in italy. he should enjoy his pension. the reforms have to go on. >> in this from the marketplace, there is not much enthusiasm for a return of mr. berlusconi. >> we italians need to worry, not because of the current crisis. more because this idiot berlusconi is around. i hope it's a good smashed in the face. -- i hope he gets a good smash in the face. >> but berlusconi is a formidable campaigner. he will tell people that he will ease their economic agony. he will cut their taxes. some, at least, will like the sou
suddenly, mario monti is on the way out. there will be early elections and berlusconi is reaching for power again. on the markets, there is deep unease. they're like the austerity measures and the reforms of the technocrats, mr. monti. they fear the return of politics as usual in italy. even if berlusconi is far behind in the polls, the very idea his attempt at come back has jangled nerves. >> the markets are shocked at the prospect that berlusconi would become prime minister again. he is...
270
270
Dec 10, 2012
12/12
by
CNBC
tv
eye 270
favorite 0
quote 1
mario monti. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. andrew ross sorkin hopefully will be back tomorrow. we'll get an update throughout the show. among the top global market stories this morning, italy's prime minister, mario morety announcing he's going to step down after his country's budget is approved and before his term ends. cnbc's carolin roth is in rome with the latest. and congratulations and hello, carolin. we're always the last to know. >> joe, it's actually been a couple months, but thank you very much. thank you very much. >> how come we haven't seen you? >> we've live in rome today all day because we're covering -- you may not have seen me, absolutely. so we're seeing a big selldown in italian assets today. banking stocks are down to the order of around 5%. and there's a clear negative reaction to the news that mario monti unexpectedly resigned over the weekend. that is after the budget law has been parsed in parliament. at the same time, controversial former prime minister berlusconi
mario monti. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. andrew ross sorkin hopefully will be back tomorrow. we'll get an update throughout the show. among the top global market stories this morning, italy's prime minister, mario morety announcing he's going to step down after his country's budget is approved and before his term ends. cnbc's carolin roth is in rome with the latest. and congratulations and hello,...
229
229
Dec 10, 2012
12/12
by
CNBC
tv
eye 229
favorite 0
quote 0
but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow. travel safe. we'll show the plane gets out of there on time. >>> and if you're just joining us, you're watching "worldwide exchange" and these are your headlines. obama and boehner meeting face-to-face as the clock ticks towards the fiscal cliff. no respite for italy as banking shares lead the prospects lower. and export growth slowing in china. we'll be right back. told you we would be right back. san santa's elves are gearing up for the busiest shipping day of the year. it's expected to deliver 19 million packages. courtney reagan is at a busy facility up in the bronx. what is it like there? >> that's right, kelly. it's already pretty loud here at the fedex express center in the bronx, new york, where the employees are gearing up for what would be the busiest day in the shipping country's history. >> we publicly forecast a couple w
but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow. travel safe. we'll show the plane gets out of there on time. >>> and if you're just joining us, you're watching "worldwide exchange" and these are your headlines. obama and boehner meeting face-to-face as the clock ticks towards the fiscal cliff. no...
403
403
Dec 13, 2012
12/12
by
COM
tv
eye 403
favorite 0
quote 0
maybe you don't want monti, fine. but does that mean berlusconi has to take over? don't off football star? that guy could be it. roberto be benigni, he's so fun. mario! such a good driver! il divo, there's four of them! they could split it up, for god's sakes. this guy is unbelievable. he has taken what normally would be enough oil yee gotism to get him to run for office maybe once and turned that into enough oil yee gotism for four separate campaigns. what's the opposite of a chanukah miracle? that's what he's done. how does he win? he's got a it will something up his sleeve. >> former italian prime minister silvio berlusconi, the gift that keeps on giving released an album of love songs today. (audience reacts) >> jon: go on! ♪ ♪ >> jon: okay, that's freaky, but that's not even the freakiest music video i've seen this week. ♪ i'm coming home, i got a little plan for you ♪ that i just might do ♪ let's do a little dance for two -- ♪ >> jon: that's number one, baby! (cheers and applause). >> jon: welcome back! my guest tonight is a fine one, stars in sho
maybe you don't want monti, fine. but does that mean berlusconi has to take over? don't off football star? that guy could be it. roberto be benigni, he's so fun. mario! such a good driver! il divo, there's four of them! they could split it up, for god's sakes. this guy is unbelievable. he has taken what normally would be enough oil yee gotism to get him to run for office maybe once and turned that into enough oil yee gotism for four separate campaigns. what's the opposite of a chanukah miracle?...
220
220
Dec 12, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
the first since prime minister mario monti announced his departure. carolin roth joins us for more. >> reporter: hey, ross. the auction this morning was a definite succession. yields fell compared to a previous auction. in the secondary market, they're still higher than what we saw previously. now the bigger auction is the one tomorrow. that's three year. shouldn't be a concern because of the heavy redemptions. and yield did spike earlier this week. that was around concerns on the instability and political alley-oop -- in italy -- [ inaudible ] >> the person who is tipped to sn proceed him told us he will continue with the austerity program under mario monti. take a listen. >> translator: we will surely comply with our commitment to europe, but we will try together with the other progressive parties to improve european policy because we're not convinced that austerity alone is enough. >> reporter: at this point it looks like the future of government, the centralized government would be controlling the lower house. but what if you don't get the majorit
the first since prime minister mario monti announced his departure. carolin roth joins us for more. >> reporter: hey, ross. the auction this morning was a definite succession. yields fell compared to a previous auction. in the secondary market, they're still higher than what we saw previously. now the bigger auction is the one tomorrow. that's three year. shouldn't be a concern because of the heavy redemptions. and yield did spike earlier this week. that was around concerns on the...
190
190
Dec 24, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
your intro was about mario monti which is all true. silvio berlusconi, the former prime minister of italy -- >> my favorite. >> thank goodness for silvio berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get more than anybody else. >> really? >> yes. >> now the question is, 40% isn't enough once you're in a parliament, right, because of a parliamentary system and two other parties that used to support him no longer do. it's not clear what they would ultimately do, would they really link to the left? it's hard to say. more than italy, remember, they would never agree with this, but they're far more dramatic than southern it
your intro was about mario monti which is all true. silvio berlusconi, the former prime minister of italy -- >> my favorite. >> thank goodness for silvio berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for...
34
34
tv
eye 34
favorite 0
quote 0
italian prime minister mario monti who has a non-elected cabinet of technocrats stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing at accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to extend the kyoto protocol a treaty that limits the greenhouse gas out with some nations and hopes of curbing global warming the legally binding plan was approved by un delegates during climate talks in doha the summit established for the first time the rich nations should move towards reimbursing poor nations for losse
italian prime minister mario monti who has a non-elected cabinet of technocrats stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already...
136
136
Dec 22, 2012
12/12
by
KCSM
tv
eye 136
favorite 0
quote 0
mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but voters have been less impressed with his austerity measures. for more on this now, we are joined now on the phone by our correspondent. what now? >> the president will be consulting with the leaders of political parties over the next day or so. to get their advice as we head towards elections, and he is expected then to dissolve parliament and call elections february 24. that is the date people believe most likely will be the date of the vote. >> what is the move of italians right now? would berlusconi actually have any chance with voters? >> the extraordinary thing is that despite his being really comprehensively discredited in the eyes of the rest of the world, a lot of italians seem prepared to fall for his charm and his promises, and he is actually on a media blitz at the moment, taking advantage of the fa
mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but voters have been less impressed with his austerity measures. for more on this now, we are joined now on the phone by our correspondent. what now? >> the president will be consulting with the leaders of political...
253
253
Dec 13, 2012
12/12
by
CNBC
tv
eye 253
favorite 0
quote 0
sylvia berlusconi appears to be endorsing mario monti. speaking at a press conference in rome, he said he would give up his ambitions to run if monti ran as the central coalition. he then went on to say he still plan toes run for office. he also said bond spreads were a, quote, hoke, that the euro was not a true currency since there was no central bank willing to print money like they do in japan. >>> meanwhile, moody's says that the political turmoil in italy will have little impact on the country aes sovereign debt rating. our next guest disagrees and says he sees repricing of debt in italy. he's sylvia peruso. why are you concerned about moody's taking action here in italy? >> good morning. i think italy has a number of big challenges next year. as you can see, the market remains extremely sensitive to the fluid political landscape at the moment. but most people see it as a significant growth challenge with which the market will have to reconsider a bit of trajectory as to the fiscal consolidation path and the extent to which the world
sylvia berlusconi appears to be endorsing mario monti. speaking at a press conference in rome, he said he would give up his ambitions to run if monti ran as the central coalition. he then went on to say he still plan toes run for office. he also said bond spreads were a, quote, hoke, that the euro was not a true currency since there was no central bank willing to print money like they do in japan. >>> meanwhile, moody's says that the political turmoil in italy will have little impact...
118
118
Dec 11, 2012
12/12
by
KTVU
tv
eye 118
favorite 0
quote 0
italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal that will give the airline a 49% stake in virgin atlantic. bloomberg reports talks between delta and singapore airlines, which is looking to sell its stake in virgin, are advancing. the deal is estimated to cost between $300 and $500 million. it could mean a step up for delta's business, due to virgin atlantic's high volume of premium passengers. apple an
italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial...
38
38
tv
eye 38
favorite 0
quote 0
there's unrest on the markets after italy's technocrat prime minister mario monti has announced he's to leave but former pm silvio berlusconi's thrown his hat into the ring too again after he withdrew his party's support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull varia we brought that story yesterday credit has agreed with their own forty four billion euros greek attorney george katz of goalless spoke to me believe real solutions that despite all that are still a long way off. so most go to me. listen to music. it's both of which includes i'm only now in doing that and beaut there's no easy to. control it's just that you go to example you can be. fun. as a stoner. but of course it's really easy for the smoke you do so so it's a. german experience so. this simple you serious are usually more of. a cell phone for people with. more news making headlines rig
there's unrest on the markets after italy's technocrat prime minister mario monti has announced he's to leave but former pm silvio berlusconi's thrown his hat into the ring too again after he withdrew his party's support for the government monti says he'll go after next year's budgets passed which could see an election no therefore in february a lot earlier than expected elsewhere the greek prime minister is trying to secure more support from germany as wealthy and conservative region of bull...
26
26
tv
eye 26
favorite 0
quote 0
monti has announced his plans to leave but former pm silvio berlusconi has thrown his hat into the ring too again after he withdrew his party's support for the government earlier monti says he'll go after next year's budget is passed which could see an election therefore in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier creditors agreed to prop greece up with another forty four billion euros greek attorney george can trigger law spoke to me he believes real solutions though are still a long way off. so most guys move it into stone walling says listen you soon. it's but unfortunately. no in doing that and view it in that there's an easy. comes from just that you're going to example you're going to be the only of the national motto fund because according to that as a stoner without a huge hero but of course it's really easy for mrs mchugh to so such a quality. german bacterias so we're going to go this simple are you serious or usual more of the more cell phone for people
monti has announced his plans to leave but former pm silvio berlusconi has thrown his hat into the ring too again after he withdrew his party's support for the government earlier monti says he'll go after next year's budget is passed which could see an election therefore in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier creditors agreed to prop greece up with another forty four...
35
35
tv
eye 35
favorite 0
quote 0
will tell you in prime minister mario monti who heads a non-elected cabinet of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president
will tell you in prime minister mario monti who heads a non-elected cabinet of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's...
31
31
tv
eye 31
favorite 0
quote 0
italian prime minister mario monti who has a non-elected cabinet of technocrats stated that he plans to resign the news came hours after the country's former pm still barrel scotty announced he's to run for office in next year's parliamentary elections on thursday berlusconi's people of freedom party was druid support from the government he says montes astaire policies had harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. venezuelan president hugo chavez has announced he's suffering from cancer once again the leader says tests are show their return of sound the malignant cells in the same area were tumors have been previously removed he will return to cuba are worth he's already received cancer treatment to undergo surgery in the coming days the news comes two months after this was ree
italian prime minister mario monti who has a non-elected cabinet of technocrats stated that he plans to resign the news came hours after the country's former pm still barrel scotty announced he's to run for office in next year's parliamentary elections on thursday berlusconi's people of freedom party was druid support from the government he says montes astaire policies had harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as...
31
31
tv
eye 31
favorite 0
quote 0
there's unrest in the markets softer italy's technocrat prime minister mario monti announced his plans to leave but the former pm silvio berlusconi's thrown his hat. to the ring as well again after he withdrew his party's support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier credit has agreed to prop greece up with another forty four billion euro script attorney george felos believes real solutions though are still a long way off. so most cause me to stone walling says listen you soon. but unfortunately. and now and in that interview it didn't it isn't easy to go. comes from greece does that you're going to example even to be the only of the international monetary fund because according to the assets they know. but of course it's really easy for these mature to so such a policy to the german bacterias so we're going to tell you this simple are you serious as usual mo
there's unrest in the markets softer italy's technocrat prime minister mario monti announced his plans to leave but the former pm silvio berlusconi's thrown his hat. to the ring as well again after he withdrew his party's support for the government but he says i'll go after next year's budget impasse which could see it election in february earlier than expected elsewhere the greek prime minister is trying to secure more support from germany's wealthy and conservative region of barbaria earlier...
175
175
Dec 17, 2012
12/12
by
CNBC
tv
eye 175
favorite 0
quote 0
again, we'll keep an eye for my comments from mario monti throughout the day. >> the market is focused on the yen. it's been weaker across the board today. the yen has been down for the lowest in a year against the greenback. we hit 84.48. it's pulled back from that. sterling/dollar is steady at 1.6185. plenty of focus on the dollar and continuing ongoing fiscal cliff discussions. meanwhile, in china, leaders there have wrapped up their weekend of economic plan, a list of must-dos next year. also across expectations of any big stimulus, much like the $600,000 boost that we got in 2009. eunice is with us once again from beijing. hi, eunice. sum it up for us. >> well, i would say that we saw a lot of bright moves, a lot of brush strokes, but nothing in terms of specifics. for the most part, the policymakers were saying all the right things. they were saying they hope to see more economic reforms, that they hope to see more in terms of a shift in terms of, you know, moving the economy away from state investment, from exports and moving it towards stimulating domestic demand. however, in t
again, we'll keep an eye for my comments from mario monti throughout the day. >> the market is focused on the yen. it's been weaker across the board today. the yen has been down for the lowest in a year against the greenback. we hit 84.48. it's pulled back from that. sterling/dollar is steady at 1.6185. plenty of focus on the dollar and continuing ongoing fiscal cliff discussions. meanwhile, in china, leaders there have wrapped up their weekend of economic plan, a list of must-dos next...
31
31
tv
eye 31
favorite 0
quote 0
there's unrest on the markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's credit is a greater profit out with another forty four billion euros greek attorney and georgia culture garson means real solutions to a long way off so most cause me to stone walling says listen. but unfortunately. it isn't easy to. control just that you go to example even to the. national military fund. but of course it's real easy for you to so such a. german taxpayers so. this simple you serious are usually more of more cell phone for people with. such. well is the e.u. pursuing the goal of united europe at the expense of individual nations that issue take center stage in the latest edition of p
there's unrest on the markets after italy's technocrat prime minister mario monti announced his plans to leave before silvio berlusconi has thrown his hat into the ring again after he withdrew his party support for the government want to says he'll go after next year's budget is passed which could see an election in february much older than expected that's where the greek prime minister is trying to secure more support from germany's wealthy and conservative region a very early at greece's...
28
28
tv
eye 28
favorite 0
quote 0
there's unrest on the market started italy's technocrat prime minister mario monti announced his plans to leave the former pm serbia but a skinny has thrown his hat into the ring again after he missed tunis party support for the government in auntie says he will go out and next year's budget is passed which could see an election in february which is earlier than expected elsewhere the greek prime minister is trying to secure more support for ukraine as a wealthy conservative region above area earlier greece is a creditors are going to prop it up another forty four billion euros a week attorney george felos the also missions are still a long way off. so most guys me loose don't. listen to music. but unfortunately generally know and. don't view it is not easy to. control it's just that you go to example even to the. national military fund. as if they know. that but of course it's real easy for the smirk you do so such a. german experience so. the simple you serious are usually more of a more cell phone for people with. such. well if the e.u. are pursuing the goal of united europe at the
there's unrest on the market started italy's technocrat prime minister mario monti announced his plans to leave the former pm serbia but a skinny has thrown his hat into the ring again after he missed tunis party support for the government in auntie says he will go out and next year's budget is passed which could see an election in february which is earlier than expected elsewhere the greek prime minister is trying to secure more support for ukraine as a wealthy conservative region above area...
125
125
Dec 10, 2012
12/12
by
CNBC
tv
eye 125
favorite 0
quote 2
that's when prime minister mario monti surprisingly resigned, which still hinges on the passage of a budget law before the end of the year. at the same time, very controversial former prime minister silvio berlusconi also said he is run fog are the prime minister post again. so this is got markets extremely wore rid. here's why. because markets are concerned that the new government would be elected on february 24th, that this new government will not be implementing the austerity measures that mr. monti has implemented over the last couple months. but is this concern actually warranted? well, if you speak to a number of analysts, well they'll say, no, because if you look at the opinion polls you'll see that the party which will most likely win, that's the democratic party. and he said, or the leader said, look, we're going to stick to the austerity measures that were implemented by monti. >> carolyn roth for us in rome tonight. coming up, jcpenney ringing up discounts. what this dramatic change in pricing strategy spells out for its ceo ron johnson and his future. and of course, the s
that's when prime minister mario monti surprisingly resigned, which still hinges on the passage of a budget law before the end of the year. at the same time, very controversial former prime minister silvio berlusconi also said he is run fog are the prime minister post again. so this is got markets extremely wore rid. here's why. because markets are concerned that the new government would be elected on february 24th, that this new government will not be implementing the austerity measures that...
191
191
Dec 14, 2012
12/12
by
CNBC
tv
eye 191
favorite 0
quote 0
if we can forward on to some of the other news we're getting out of that meeting, mario monti made a surprise appearance that we'll talk about as soon as silvia comes back. in particular, let's shift to asia and head to key elections. think in the most recent manufa worsening, meanwhile, opinion polls have been very consistent about which party is likely to become japan's next ruling party. kaori enjoji has more for this. >> japanese prime minister yoshi hikonoda is trying to keep his party in power just days before the election. it could pave the way for the return of the liberal democratic party of japan. >> japan is going to have another election due next year. and what abbe is perhaps going to do is to use the government machine as much as possible in order for the budget to be increased to sustain some of the public works because there is another critical juncture coming up because the japanese government is going to have to raise the tax rate for consumption tax. >> japanese economy is now in recession. and this is the third time sips the leaning crisis. the budget deficit is n
if we can forward on to some of the other news we're getting out of that meeting, mario monti made a surprise appearance that we'll talk about as soon as silvia comes back. in particular, let's shift to asia and head to key elections. think in the most recent manufa worsening, meanwhile, opinion polls have been very consistent about which party is likely to become japan's next ruling party. kaori enjoji has more for this. >> japanese prime minister yoshi hikonoda is trying to keep his...
110
110
Dec 10, 2012
12/12
by
FBC
tv
eye 110
favorite 0
quote 0
mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you have to hear about his plans for china. international expansion is a huge priority. the chinese may like tha
mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of...
293
293
Dec 24, 2012
12/12
by
CNBC
tv
eye 293
favorite 0
quote 1
you know, monty hall, a big game show guy. now we have mario monty hall in the game of politics. can you try to explain to viewers and listeners? you know, no, i don't want to lose but i'd still take the job. tell me about it. >> he wants to be -- he wants to run the show and, you know what? when you saw berlusconi kind of backed off and actually support him now so it's like they're going to parachute him back in. he won't run and he says i don't have to because he is a life senator whatever that means but italy has its own laws as you know, probably as well as anybody. but he wants -- he'd like to continue to run the show because he feels just like mario draghi that he's been very successful and he can't let go of the reins. now i understand that. but he doesn't want to run. >> he's been very successful and he tells us about that. >> right. >> he had his july 26th surprise between him and mario draghi but in the end as you pointed out off camera he doesn't want to lose. he's not going through the process in a way where he can lose. basically if you appoint me i'll take it. >> ri
you know, monty hall, a big game show guy. now we have mario monty hall in the game of politics. can you try to explain to viewers and listeners? you know, no, i don't want to lose but i'd still take the job. tell me about it. >> he wants to be -- he wants to run the show and, you know what? when you saw berlusconi kind of backed off and actually support him now so it's like they're going to parachute him back in. he won't run and he says i don't have to because he is a life senator...
280
280
Dec 10, 2012
12/12
by
CNBC
tv
eye 280
favorite 0
quote 1
and the euro banks, too, being hit by news from the italian prime minister's mario monti's resignation. that is causing some concern to the spanish banks as well, where the focus turns once you have the news of monti's resignation. one thing we do want to note, hsbc had its rating cut from double a minus to double a. abercrombie & fitch, open humor out with a notice saying the retailer looks to the markets over the holidays. s intermec is looking to be up in 2013. jim, back to you. >> let's shift to the bonds and dollars. >> you know, looking at the ten-year, seeing it hovering around 160, is about as shocking as the sun coming up in the morning. but nonetheless, last week on interday trades, looked like we were going to close in the high 150s, which would have taken us back many more months. you can see the closing yield chart, going back all the way to august 1st. now, look at boon yields. political issues. you can have the best-laid plans by central banks in the end. ballot boxes, politics, it can get messy. think about what's going on here. now, if we look at the boon going back to
and the euro banks, too, being hit by news from the italian prime minister's mario monti's resignation. that is causing some concern to the spanish banks as well, where the focus turns once you have the news of monti's resignation. one thing we do want to note, hsbc had its rating cut from double a minus to double a. abercrombie & fitch, open humor out with a notice saying the retailer looks to the markets over the holidays. s intermec is looking to be up in 2013. jim, back to you. >>...
193
193
Dec 18, 2012
12/12
by
CNBC
tv
eye 193
favorite 0
quote 0
despite calls for him to stay on, prime minister mario monti has said once the budget is passed, he will resign. 61% of italians are against him running for a second turn. meanwhile, sylvia berlusconi promised yesterday if he's voted back in, he'll reverse some of monti's policies. >>> in tokyo, the newly elected prime minister is meeting with the head of the central bank. also, we'll head out to frankfurt where do you have ya mark may have dodged another bullet. >>> then it's over to hong kong. aig sells its remaining stake in aia and formally ends a partnership dating back 100 years. all of that straight ahead. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express ecember 22nd for christmas delivery. >>> the latest numbers out of china, in the first 11 months, foreign investments led. investment from the u.s. did pick up. . on the equity front, the shanghai composite has been powering ahead up over 9% just this month. with external
despite calls for him to stay on, prime minister mario monti has said once the budget is passed, he will resign. 61% of italians are against him running for a second turn. meanwhile, sylvia berlusconi promised yesterday if he's voted back in, he'll reverse some of monti's policies. >>> in tokyo, the newly elected prime minister is meeting with the head of the central bank. also, we'll head out to frankfurt where do you have ya mark may have dodged another bullet. >>> then it's...
262
262
Dec 11, 2012
12/12
by
CNBC
tv
eye 262
favorite 0
quote 0
of course, mario monti saying he was going to resign as italy's prime minister. that paves the way for flesh elections to be called in the beginning of next year. yesterday, we saw the negative reaction. sylvia berlusconi wants to make his return on the political scene. today, we saw a bounce back. if you can see see bind me, the bank stocks in italy rerebound, but it's only in the range of .5% to 1% of these names which were down in some cases nearly 10% yesterday. if you take a quick look at european bourses, if that's possible, down near the ftse mib, this is the one selling off somewhere in the range of 3.5% yesterday. today it's adding about .8%. in spain, showing a nice rebound. same attitude listing peripheral debt. we can take a look there. italy and spain seeing prices rise, yields falling to 4.75% and 5.75% respectively. is investor attention returning to spain? here is the thing. italy is the third biggest government debt market in the world. it's the third biggest economy in the eurozone. whatever happens with its political situation could put neighbo
of course, mario monti saying he was going to resign as italy's prime minister. that paves the way for flesh elections to be called in the beginning of next year. yesterday, we saw the negative reaction. sylvia berlusconi wants to make his return on the political scene. today, we saw a bounce back. if you can see see bind me, the bank stocks in italy rerebound, but it's only in the range of .5% to 1% of these names which were down in some cases nearly 10% yesterday. if you take a quick look at...
167
167
Dec 6, 2012
12/12
by
CNBC
tv
eye 167
favorite 0
quote 0
monti. this may lead to midterm elections because monti is market friendly you might not end up with a market friendly solution. we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany u
monti. this may lead to midterm elections because monti is market friendly you might not end up with a market friendly solution. we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly...
198
198
Dec 19, 2012
12/12
by
CNBC
tv
eye 198
favorite 0
quote 0
italy's prime minister, mario monti, has postponed his end of the year press conference. dow jones reporting that delay may signal a possible delay in the budget vote. now this budget vote, of course, being the key hurdle he wanted to get through before resigning. he announced his intention to resign in the last couple of days. that clearing the way for a potential return to politics of silvio berlusconi. again, not clear exactly why the post there has -- there's been a postponement of the end of the year press conference. that is the case as we are learning this morning. >>> moving on to shares in ubs which are at the top of the smi in zurich after the bank announced a settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. ubs will pay a total fine of $1.5 billion after admitting to manipulating the rate. as well as pleading guilty to charges of fraud and bribing brokers. the swiss bank says the fine will lead to a greater than expected fourth quarter loss. but that it will not need to raise new capital. carolyn, the response here by
italy's prime minister, mario monti, has postponed his end of the year press conference. dow jones reporting that delay may signal a possible delay in the budget vote. now this budget vote, of course, being the key hurdle he wanted to get through before resigning. he announced his intention to resign in the last couple of days. that clearing the way for a potential return to politics of silvio berlusconi. again, not clear exactly why the post there has -- there's been a postponement of the end...
195
195
Dec 10, 2012
12/12
by
CNNW
tv
eye 195
favorite 0
quote 0
prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with the japanese economy contracting 3.5% between july and september. now, the previous quarter, the previous three months number was also revised lower and that makes for two consecutive quarters of negative growth and that's the classic definition of a recession. from asia, back to america, literally, a group of chinese investors agreed today to buy an 80% stake in aig's aircraft leasing business. back in 2008, the insurance giant was bailed out by the u.s. government to the tune of $180 billion. four years on, still paying back the money by selling off assets including the aircraft leasing unit t
prime minister mario monti announced he would resign after losing support over his austerity moves. a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with...
247
247
Dec 11, 2012
12/12
by
CNBC
tv
eye 247
favorite 0
quote 1
monti. greece is higher. por sh gal is higher. spain is higher. it's a good day for -- investor sentiment.strongly it was revealed today. optimism over what the fed is going to do in the united states tomorrow. optimism there will be a deal on the fiscal cliff. you have optimism that the recapitalization of the banks is going to be delayed by another year according to the bank of italy. and you have optimism as well on mar of election promises as we now face the pros wekt of a much earlier election in italy. to that end it is fascinating. sylvia berlusconi has come out today warning about the germano center of politics. in other words, too much of a focus on what is happening from germany and the austerity inspired by angela merkel. in particular, he is drawing attention to this. which is the spread of the extra that investors demand to hold italian bonds over german bonds. i've shown this to you a couple times. over the last year it's been a mainstay of a lot of the italian business broadca
monti. greece is higher. por sh gal is higher. spain is higher. it's a good day for -- investor sentiment.strongly it was revealed today. optimism over what the fed is going to do in the united states tomorrow. optimism there will be a deal on the fiscal cliff. you have optimism that the recapitalization of the banks is going to be delayed by another year according to the bank of italy. and you have optimism as well on mar of election promises as we now face the pros wekt of a much earlier...
210
210
Dec 12, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 1
meanwhile, also worth mentioning that, after the sell-off we got on italian debt, where mario monti said he would resign over the weekend, today italy successfully went through an auction at the one-year level of debt. and you can see where people have viewed monday's sell-off as a huge opportunity. so the yields are heading down on the ten-year. just before i give you back to carl, i wanted to hand you a piece of research from goldman sachs. they have looked at what the eurozone crisis cost america in terms of growth. at the beginning of the year, they suggested they could knock 1% off potential gdp. and now they say they knocked three-quarters of a percent off growth here. half a percent was due to a general tightening of financial conditions. it's a very complicated set of calculations to get to that, but they have. half a percent of american growth is a result of weaker exports to europe. and the final thing that i think is very interesting. they say there's been a negligible impact on america due to what banks might be doing here. in other words, the european banks in new york, in b
meanwhile, also worth mentioning that, after the sell-off we got on italian debt, where mario monti said he would resign over the weekend, today italy successfully went through an auction at the one-year level of debt. and you can see where people have viewed monday's sell-off as a huge opportunity. so the yields are heading down on the ten-year. just before i give you back to carl, i wanted to hand you a piece of research from goldman sachs. they have looked at what the eurozone crisis cost...
233
233
Dec 17, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told reporters that he's considering it. the cabinet member he spoke with earlier in the week said he's going to make an announcement sometime this week on television. when asked by reporters about his recent visit to the tomb of saint francis he said he did, indeed, pray there to help him make a decision about whether or not to run. a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time he's also made noises that suggest that he wouldn't run if monti runs. that's not set in stone. we're going to see what happens there. what berlusconi was definitive about, he's going to marry his 27-year-ol
mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told reporters that he's considering it. the cabinet member he spoke with earlier in the week said he's going to make an announcement sometime this week on television. when asked by reporters about...